12, REDGATE, THETFORD, IP24 2HA - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 REDGATE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £150,000 in September 2009, which was around 26% below the average September 2009 detached price in the Breckland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

12 REDGATE Sold Prices

Land registry data shows two sales for 12 REDGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 12 REDGATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 17 SEP	£150,000	£203,213	26% below HPI
2002 1 NOV	£85,000	£156,855	46% below HPI

12 REDGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 12 REDGATE sales from November 2002 and September 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 REDGATE?

12 REDGATE is 73m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 12 REDGATE lies on this distribution: 9% of detached houses are smaller than 12 REDGATE, and 91% of houses are larger. Note that EPC data is not available for all properties in Thetford.

12 REDGATE: Plot and Title Map

12 REDGATE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 12 REDGATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 REDGATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 REDGATE?

12 REDGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 12 on REDGATE.